Too many traders try to follow exactly the same indicators, trading strategies and trading systems… this makes most commonly known trading strategies worthless, but it only takes a subtle shift from these common strategies to generate great profits.
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Can You Learn To Trade By Watching Youtube Videos?
You need to immerse yourself in trading books as well as YouTube videos so you get a coherent learning experience.
Trading Lessons from an old mining town | Stock Trading Tips
Learning to trade stocks may seem hard, but it is easier than digging in a mine… Trading systems are important to sift through the market to find the best trading opportunities.
Stock Trading Tips and Strategies – Don’t Trust Anyone…
You wont believe what happened – I had to have a rant about it! This is why Backtesting EVERYTHING for yourself is so important. Learning how to backtest correctly is the number 1 skill for technical traders.
Are you at risk because you havent backtested your stock trading systems?
Will your trading system survive
Some plants are highly Specialised and can only survive in very narrow conditions… some are robust and can live almost anywhere. You need your trading system to be like the plants that survive everywhere. It doesnt have to make money in every market, but it does have to keep your account alive no matter what happens in the stock market!
How To Survive Long Term as a Trader | Stock Trading Tips
I was visiting the Guinness Book of Records museum with my family in Los Angeles today (my kids love that stuff…) and it got me thinking about all the people who spent their lives trying to break a record. So few actually break world records, even in obscure activities, but people still try!
If you want to succeed as a profitable stock trader for the next 10 years or more then you need to NOT be like people trying to break a record… you need a higher probability approach.
In trading this means having a high probability of profit over many trades over many years. Too many traders act like they want to get rich by next week, but that only guarantees their failure in the long run because they end up blowing up and losing everything!
Have you wondered “What stock should I buy?”
If you have ever asked “What stock should I buy?” or “What is the best trading system?” then you really need to watch this video. These questions are extremely common, BUT it is a HUGE trading mistake.
Optimizing an Amibroker trading system the right way
A trading system is a group of specific parameters that combine to create buy and sell signals for a given security. I would say almost every successful trader has a trading system, but not every trading system is successful because many stock traders optimize their trading systems the wrong way.
In this video I will show you the correct way to optimize a parameter value in Amibroker. The great thing is when you optimize your trading system like this it only takes minutes and you end up with a much more robust trading system.
How to deal with outlier trades in Amibroker Backtesting
When backtesting and optimizing your trading system using Amibroker, or any other trading software, you need to be careful how you deal with outlier trades. If you include all outlier trades when you optimize you run a very high risk of curve-fitting your trading system to a small number of the biggest winning trades.
Position Sizing In Amibroker With SetPositionSize Function
Backtesting the most common position size models explained by Van Tharp in “Trade Your Way To Financial Freedom” and “The Definitive Guide To Position Sizing” is easy in Amibroker.
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In this video I explain how to write the most common position sizing models in Amibroker Formula Language and backtest your trading system with them Amibroker.